£343,653
This estimated value is based upon the latest sale price for the house of £280,000 on 2 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Thetford Road, New Malden, KT3 5DS
Phone: 02034783567
Price Paid | Date |
---|---|
£280,000 | 2 Oct 2018 |
£87,500 | 30 May 2001 |
£91,000 | 9 Feb 1996 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in October 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.733%.Applying this 22.733% change to the original purchase price of £280,000 results in an estimated price of approximately £343,653.
2 Oct 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.0 | 22.733 % | £280,000 | £63,653 | £343,653 |
The Postcode Pricing Model uses changes in average sales price within the KT3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -10.703 % | £-29,969 | £250,030 |
3 Month Average | -15.715 % | £-44,002 | £235,997 |
6 Month Average | 21.821 % | £61,098 | £341,098 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £752,231 | £738,000 | 40 ALBEMARLE GARDENS |
8 Nov 2023 | £334,292 | £330,000 | 70A SOUTH LANE |
23 Jun 2023 | £655,313 | £650,000 | 62 SOUTH LANE |
23 Jun 2023 | £650,273 | £645,000 | 10 BARNSBURY CLOSE |
24 Mar 2023 | £326,967 | £325,200 | FLAT 9 WAITELANDS HOUSE, 42 SOUTH LANE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 30 Mar 2018. Using an estimated price of £343,653 means this house is valued at £3,905 per sq meter (£362 per sq foot).
The average size of a house on SOUTH LANE is 94 sq meters (1,017 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hawkhurst Way |
Apr 2024 | Vehicle crime | Under investigation | On or near Hawkhurst Way |
Mar 2024 | Vehicle crime | Under investigation | On or near Hawkhurst Way |
Mar 2024 | Burglary | Under investigation | On or near Groveland Way |
Feb 2024 | Drugs | Under investigation | On or near Newborough Green |